Texas Democrat Beto O’Rourke raised more money than any Senate candidate ever this quarter, but may still lose against Ted Cruz


Rep. Beto O'Rourke speaks at a campaign rally in Austin, Texas.

Rep. Beto O’Rourke, the Texas Democrat challenging Sen. Ted Cruz, raised more money in the third quarter of this year than any Senate candidate ever has.
Drawing $38.1 million from over 800,000 donors, O’Rourke raised more than three times what Cruz did, despite the incumbent’s lead in the polls.
But many warn that even staggering sums of campaign cash might not be enough to turn a deeply red state blue in the 2018 midterms.

Rep. Beto O’Rourke, the Texas Democrat challenging Republican Sen. Ted Cruz, raised more money in the third quarter of this year than any Senate candidate ever has, his campaign announced Friday.

Drawing $38.1 million from over 800,000 donors, O’Rourke raised more than three times what Cruz did, despite the incumbent’s lead in the polls. But Cruz’s $12 million in donations this past quarter is still a sizable haul for a Senate race.

While O’Rourke has outraised Cruz all year, his latest numbers shocked politicos and Democratic operatives. Jessica Post, executive director of the Democratic Legislative Campaign Committee, noted that the candidate raised $3 million more in the last three months than her organization budgeted for the entire 2018 election cycle.

“And we more than doubled our budget from the 2016 cycle for 2018,” she tweeted.

Others pointed out that O’Rourke’s haul topped the $23.5 million that then-Sen. Barack Obama raised in the quarter leading up to the 2008 Iowa caucuses and New Hampshire primaries — and it also exceeded the amount former Florida Gov. Jeb Bush raised for his entire 2016 presidential bid.

Some Democrats argue that while O’Rourke has run a more promising campaign than any Democrat has in the red state in decades, his campaign donations would be better used elsewhere. Still others pointed out that money, even vast sums, does not necessarily translate …read more

Source:: Business Insider

      

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